Wrigley Area (5) Homes with Triplex Subtype

Wrigley Area (5) Homes with Triplex Subtype

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Newest Wrigley Area (5) Homes with Triplex Subtype

$1,100,000
SB26120106 MLS ⋅ Active Status
This exceptional triplex features a detached (3) bedroom 1 bath home, and a duplex with (2) 1 bedroom 1 bath units located in the rear. This unit mix delivers strong in-place income of $6,865/month with clear upside through market rent increases. Interiors have been updated with fresh finishes and systems and recent capital improvements remodels, roof work, and exterior paint — substantially reducing near-term maintenance obligations for a new owner. For the investor, this property generates immediate cash flow from day one. With a 30% down conventional loan, you step into positive cash flow at current rents with strong long-term appreciation potential and multiple built-in avenues to grow income over time. In addition, ADU permits were pursued to convert existing garages into more units (buyer to verify) offering another value-add play. For the owner-user, this is a rare live-and-earn opportunity. Occupy one of the units and let the other two work for you — tenant rents offset a substantial portion of your monthly carrying costs, making homeownership in Long Beach dramatically more attainable while you build equity in a cash-flowing asset. FHA and low-down owner-occupant financing options may apply. Located in a desirable Long Beach rental corridor, 2310 Elm Avenue offers an exceptional combination of immediate income, long-term appreciation, and multiple paths to grow value. Whether you are an investor seeking a turn-key cash-flowing asset or an owner-user ready to reduce your cost of living, this is the opportunity you have been waiting for.

2310 Elm, Long Beach
$779,000
5 Beds ⋅ 3 Baths ⋅ SW26102923 MLS ⋅ Active Status
1914 Locust Ave presents a compelling opportunity to acquire a well-located three-unit property in the heart of Midtown Long Beach, just moments from the Metro A Line Pacific Coast Highway Station and the area’s ongoing corridor revitalization efforts. The property features an attractive unit mix of two 2-bedroom / 1-bath units and one 1-bedroom / 1-bath unit, along with three detached single-car garages and additional rear parking. Property will be delivered vacant! Positioned within the Midtown Specific Plan area, the property offers strong potential for investors or developers seeking repositioning, ADU expansion, or future redevelopment opportunities (buyer to verify with the City of Long Beach). The transit-oriented location provides convenient access to Downtown Long Beach, local retail and dining corridors, and major transportation routes throughout Los Angeles and Orange County. The property offers flexibility for a new owner to pursue renovation, leasing, repositioning, or long-term planning objectives. Detached garages and rear access may provide additional utility and site-planning flexibility for future improvements. Whether seeking rental upside or a strategic long-term investment in one of Long Beach’s evolving growth corridors, 1914 Locust Ave offers substantial potential. Property sold as-is. Buyers to independently verify all zoning, development potential, square footage, lot size, permits, and financing suitability.

1914 Locust, Long Beach
$779,000
SW26088244 MLS ⋅ Active Status
1914 Locust Ave presents a compelling opportunity to acquire a well-located three-unit property in the heart of Midtown Long Beach, just moments from the Metro A Line Pacific Coast Highway Station and the area’s ongoing corridor revitalization efforts. The property features an attractive unit mix of two 2-bedroom / 1-bath units and one 1-bedroom / 1-bath unit, along with three detached single-car garages and additional rear parking. Property will be delivered vacant! Positioned within the Midtown Specific Plan area, the property offers strong potential for investors or developers seeking repositioning, ADU expansion, or future redevelopment opportunities (buyer to verify with the City of Long Beach). The transit-oriented location provides convenient access to Downtown Long Beach, local retail and dining corridors, and major transportation routes throughout Los Angeles and Orange County. The property offers flexibility for a new owner to pursue renovation, leasing, repositioning, or long-term planning objectives. Detached garages and rear access may provide additional utility and site-planning flexibility for future improvements. Whether seeking rental upside or a strategic long-term investment in one of Long Beach’s evolving growth corridors, 1914 Locust Ave offers substantial potential. Property sold as-is. Buyers to independently verify all zoning, development potential, square footage, lot size, permits, and financing suitability.

1914 Locust, Long Beach
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.